PYMNTS

NOVEMBER 11, 2019

Governments are tightening know your customer (KYC) and anti-money laundering (AML) requirements on various industries out of increasing concern over fraud threats. Other companies are turning to management and workflow automation tools to improve their KYC and AML efforts. How Zillow Co mbats Real Estate Fraud.

Video 161

Video Fraud Compliance Security 161

Abrigo

JANUARY 3, 2024

35 million companies Educate clients on BOI changes and fraudsters As noted above, financial institutions are not responsible for client compliance with beneficial ownership information reporting. FinCEN is conducting outreach to educate businesses by holding national briefings and issuing fact sheets, Q&A, and videos.

Fraud 222

Fraud Regulation Report Compliance 222

Abrigo

DECEMBER 8, 2021

Takeaway 2 An in-person or video conference can help FIs facilitate deeper discussions and answer questions as needed. An in-person or video conference can help financial institutions facilitate deeper discussions and answer questions as needed. Offer to schedule a one-off video conference if needed. Board Training.

Training 195

Training Resources Video Compliance 195

FICO

NOVEMBER 20, 2019

That is how UBS Card Center, which processes some 25% of card transactions in Switzerland, keeps fraud rates down and cardholders happy. And for the past 20 years, UBS have been using the FICO® Falcon® Platform and working in partnership with fraud experts from FICO. The only way is to innovate, learn and adapt. by FICO.

Video 40

Video Fraud Cards Analytics 40

FICO

AUGUST 3, 2022

Fraud Ideas from FICO World 2022 – and Excitement for 2023! FICO World 2022 was an excellent event with a stellar fraud protection and compliance track - here's some of what we learned. Synthetic Identities and Application Fraud. Innovative Customer Communications for Fraud. Tue, 07/02/2019 - 02:45. by TJ Horan.

Fraud 52

Fraud Analytics Trends Innovation 52

FICO

DECEMBER 14, 2021

But European fraud and financial crime have continued to evolve. In the UK, Action Fraud reported several hundreds of cases of people receiving emails claiming to be from the NHS, offering them a vaccine passport, prompting them to click on a link and input their personal and financial details. Related scams have also been on the rise.

Fraud 52

Fraud Management Data Trends 52

FICO

JANUARY 15, 2021

Many in the industry know that I’m a strong proponent of Fraud and Financial Crimes Convergence, so I’m often asked about just what organizations should do from a technology standpoint. Check out this video as we discuss what you need to plan and implement to be able to converge fraud and AML technology. Watch the video here.

Fraud 52

Fraud Technology Analytics Video 52

FICO

JANUARY 29, 2020

Did you know that more than one million American children were victims of identity fraud in 2017? This shocking statistic was a major driver for me to pore over article after article, looking for the causes and solutions – and put on my hat as both a fraud fighter and a parent. . This is a behaviour we parents can very much control. .

Video 52

Video How To Fraud social media 52

FICO

MAY 28, 2020

It feels like we have been discussing the convergence of fraud and financial crime for at least a decade. I’ve certainly shared my views and predictions, including one of my recent blog posts Fraud and Financial Crime Product Strategy: C is for Convergence , but just in time for summer, the strategy is finally making a splash.

Fraud 52

Fraud Video Strategy Data 52

FICO

JULY 15, 2021

The challenge for financial institutions of fighting fraud and tackling financial crime has never been greater. Fraud experts need to be armed with the most up-to-date information about the latest industry trends and developments. The new community is driven by some of the finest minds in fraud detection. by TJ Horan.

Community 52

Community Fraud Online Trends 52

FICO

SEPTEMBER 12, 2018

While AI has been used for more than 25 years in credit fraud detection , few people outside the banking sphere were aware of this. And it’s not just fraud detection people are asking about — they also want to know about other uses of AI and machine learning for financial crime protection, including in cybersecurity and money laundering.

Video 45

Video Fraud Risk Management Compliance 45

PYMNTS

SEPTEMBER 12, 2019

The latest AMC/KYC Tracker examines current efforts to stop money laundering, fight fraud and improve customer identity authentication in the financial services space. The Cost of Compliance. The projected 2020 cost of AML compliance across all U.S. financial institutions (77 percent) for AML compliance.

cryptocurrency 116

cryptocurrency Regulation Compliance blockchain 116

FICO

SEPTEMBER 19, 2018

While AI has been used for more than 25 years in credit fraud detection , few people outside the banking sphere were aware of this. And it’s not just fraud detection people are asking about — they also want to know about other uses of AI and machine learning for financial crime protection, including in cybersecurity and money laundering.

Video 40

Video Fraud Risk Management Compliance 40

Abrigo

SEPTEMBER 7, 2023

Having dashboards or banking management reports that show the lending pipeline, pricing trends, emerging risks, workflow bottlenecks, and other factors affecting loan growth can help a bank or credit union stay on top of and adapt quickly to trends. Learn how to tap your data to generate management insights. Explore Abrigo Connect.

Report 195

Report Lending Trends Data 195

FICO

JANUARY 23, 2019

FICO recently hosted 60 banking fraud professionals from 33 organizations and 8 countries at its Asia Pacific Fraud Forum. Attendees were keenly interested in how artificial intelligence and machine learning continues to be a key technology in the fight against fraud and financial crime. Banking Fraud - The Need for Speed.

Fraud 40

Fraud Analytics Compliance Data 40

Gonzobanker

AUGUST 17, 2022

Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Industry expert John Meyer digs deeply into the implications of this industry-changing rollup deal here.

Fintech 180

Fintech Lending Software Compliance 180

PYMNTS

SEPTEMBER 11, 2019

Fraudsters have been increasingly focused on mobile services, with one-third of all fraud attacks worldwide reportedly targeting mobile during the first half of 2018 — a 24 percent year-over-year increase. STACK’s mobile app provides budget management and spending accounts, among other services. Fighting Fraud Visibly and Invisibly.

Security 113

Security Fraud Mobile Cards 113

FICO

SEPTEMBER 9, 2021

Andras is Vice President and Principal Analyst at Forrester Research, where he is a leading expert on identity management as well as cloud security and enterprise fraud management. All four films are also available in one 30-minute video. Seven-minute interview). Six-minute interview). by Todd Higginson.

Video 52

Video Strategy Fraud Management 52

PYMNTS

MARCH 29, 2019

The goals of any digital identity verification process or technology include stopping fraud in its tracks, preventing fake accounts from ever being opened and, at the most basic level, maintaining (and even building) a client’s reputation for trustworthiness. Are end users ready to manage their own IDs? Healthy Friction.

Handbook 171

Handbook Compliance Online Data 171

FICO

JUNE 21, 2019

He was interviewed in conjunction with his talk at the US Chamber of Commerce Cybersecurity Series , where he spoke about cyber risk and third-party risk management. . More tips on how to protect yourself online are discussed in this blog post and video. Everybody’s got a supply chain.”. Email is a big challenge, be careful.”.

Video 40

Video Online How To Risk Management 40

PYMNTS

OCTOBER 28, 2020

But in a panel discussion with Mike Massaro , CEO of Flywire , four executives from various verticals — from freight management to banking — discussed how pressure points are spurring a shift to digital processes. TripActions is focused on travel management, Cohen said, and also was hit hard as travel came to a standstill.

Payments 242

Payments Management Software Google 242

Abrigo

OCTOBER 3, 2014

Recently, Accounting Today’s editor-in-chief Daniel Hood spoke with Ralph Thomas , the CEO and executive director of the New Jersey Society of CPAs, to have a candid conversation about the challenges currently facing accountants for the website’s video series.

New Jersey 271

New Jersey social media Industry Regulation 271

FICO

JUNE 28, 2021

Here’s what it might look like: An elderly gentleman almost pleading with the branch manager on the other side of a Plexiglas divide, asking her to send a wire for $12,000. Then, “I can’t help you wire the money, sir,” the branch manager calmly responds. Please, I need it! Wire it right now!” This is a scam. Hang up the phone.”.

Video 52

Video Software Fraud New York 52

PYMNTS

NOVEMBER 15, 2019

For example, BMO Harris opened a new “smart branch” in Chicago last year with smart ATMs, video screens that link to live tellers and mortgage professionals, and employees equipped with tablets capable of conducting transactions. Third-party cloud servers do have their drawbacks, however, including compliance and security risks.

ATM 127

ATM Video Survey Chicago 127

PYMNTS

OCTOBER 18, 2019

In the United States, according to some sources such as Javelin , more than one million children were victimized by identity theft — and the fraud costs their families more than $540 million. In an interview with Karen Webster, Zac Cohen, general manager of Trulioo , said kids’ Social Security numbers represent a relatively easy target.

Fraud 106

Fraud Security social media Tools 106

PYMNTS

NOVEMBER 20, 2019

The approximately 1-minute video is, on its surface, just a strangely mechanical but also human-like recitation of various encouraging slogans culled from what a machine learned from at least seven years of Nike commercials. The latest example of that comes courtesy of CNBC. According to a report this week (Nov.

Tools 126

Tools Video Marketing System 126

Abrigo

JUNE 30, 2020

The coronavirus and work-from-home mandates have brought new challenges to an already stressful job held by banking professionals – whether they are BSA/AML professionals, lenders handling Paycheck Protection Program loans, or asset/liability managers. Be sure to communicate any flexibility you may need (i.e.,

Meeting 195

Meeting Training Conference Software 195

Independent Banker

JANUARY 31, 2022

The FedNow Service is a payments platform … There’s not going to be an app that a customer can use that is put out by the Fed,” says Blayne Furey, management information systems officer at $138 million-asset Freedom Bank in Columbia Falls, Mont., Our institution has taken a strong focus on fraud as we prepare for FedNow,” Furey says.

Community Bank 91

Community Bank Community Resources Fraud 91

FICO

JULY 14, 2016

For example, one global bank spent almost $3 billion on financial crime compliance in 2015, with a department staffed with 9,000 personnel. As the worlds of financial crime and fraud continue to blur, we see obvious synergies in applying behavioral analytics to help stem the tide of rising operational costs.

Analytics 40

Analytics Meeting Compliance Fraud 40

Abrigo

NOVEMBER 22, 2021

Consumer Lending Laws & Compliance Financial institutions offering consumer loans need to know about these major consumer lending laws and recent compliance issues. Takeaway 1 Risk tied to consumer lending compliance has been elevated as a result of the pandemic and associated operating challenges. Pandemic Issues.

Compliance 195

Compliance Lending Risk Management Regulation 195

FICO

AUGUST 7, 2020

Of course, these organizations must still comply with eKYC and AML regulations and take care to protect their organizations and their customers from fraud. . Turkish banks now have the opportunity, to learn from their peers in other countries and take a strategic approach to customer identity management. by Zeynep Salman.

Video 52

Video Survey Regulation Comparison 52

Abrigo

MAY 8, 2024

You might also like this webinar, "The check's in the mail: Understanding and preventing check fraud." WATCH Takeaway 1 Understanding generative AI and how peers are using AI and genAI helps financial institution leaders and management vet the technology and related risks. GenAI is seeing varied use cases in banking.

Examples 222

Examples Fraud Resources Risk Management 222

PYMNTS

AUGUST 7, 2020

Recent data shows that thwarted attempts to get one security solution’s users to visit malicious, video game-themed websites rose 54 percent from January to April. Online gambling compliance experts are also predicting that cybercrime will sharply rise in the coming months. Video game developer and distribution firm Valve Corp.

Online 222

Online System Fraud Video 222

Fintech Labs Insights

JUNE 23, 2020

Personalized video platform (IndiVideo) to engage customers. Digital credit/debit card services API platform for instant digital issuance and virtual card management. Service (Arm Insight) that analyzes financial data without compromising privacy, security or compliance. Proactive relationship management platform.

Fintech 15

Fintech Analytics Cards Video 15

Fintech Labs Insights

JUNE 23, 2020

Personalized video platform (IndiVideo) to engage customers. Digital credit/debit card services API platform for instant digital issuance and virtual card management. Service (Arm Insight) that analyzes financial data without compromising privacy, security or compliance. Proactive relationship management platform.

Fintech 15

Fintech Analytics Cards Video 15

CB Insights

MAY 23, 2019

Below, we take a look at some of these frauds and the lessons they can teach entrepreneurs hoping to launch their own products, companies, and funds. Zenefits skirts compliance regulations. Mozido’s fintech fraud fiasco. Virgin Hyperloop One’s utopian vision derailed by fraud. Pixelon: Online video vaporware.

Fraud 78

Fraud Las Vegas Company Video 78

FICO

AUGUST 16, 2022

Card Skimming Fraud Grows 700+% in First Half of 2022. Credit card and debit card skimming fraud is back with a vengeance in the US, while other fraud types are seeing global growth. Senior Director, Product Management. Card Skimming Fraud – Old Threat, New Growth. Darcy Sullivan. Tue, 11/10/2020 - 12:17.

Fraud 52

Fraud Cards Oakland ATM 52